From 30 to 305 Units: The $18M Deal That Almost Failed | Ep 69 Path of Progress

In this episode of Path of Progress, Alex Kononov sits down with Dan Costantino, an operator who scaled from flipping houses on the side to acquiring a 305-unit, $18M multifamily portfolio.Dan didn’t start in real estate full-time. While working a W2 in logistics and sales, he began flipping houses and slowly building a rental portfolio on the side. Over time, he transitioned into larger deals, eventually taking a massive leap into multifamily.But this deal didn’t go as planned.After closing, Dan uncovered serious issues—occupancy wasn’t what it seemed, tenant quality was poor, and income projections quickly fell apart. Within the first year, the property faced a $600K+ deficit, forcing him to pause investor distributions and navigate one of the toughest periods of his career.This episode is a raw, behind-the-scenes look at what really happens when scaling goes wrong—and what it takes to recover.From raising millions in capital to rebuilding operations and restoring investor trust, Dan shares lessons that most investors only learn the hard way.Whether you're just starting out or scaling into larger deals, this episode is packed with real-world insights, hard truths, and valuable strategies.📌 Key Takeaways:✅ How Dan scaled from flips to 300+ units✅ The real story behind the $18M deal✅ What went wrong after closing the property✅ The risks of inaccurate occupancy and projections✅ Losing $600K+ and handling financial pressure✅ Why he paused investor payments✅ How he stabilized and turned the deal around✅ Raising $5M in capital for large deals✅ The importance of due diligence at scale✅ Why scaling too fast can backfire📚 Book Recommendation:– Rich Dad Poor Dad by Robert Kiyosaki🌐 Connect with Dan Costantino:📸 Instagram → https://www.instagram.com/dancostantino_/🌍 Website → https://www.412ah.com/🌍 Website → https://www.achievecapitalpartners.com/🌍 Facebook → https://www.facebook.com/dancostantino💼 LinkedIn → https://www.linkedin.com/in/dan-costantino/🎧 Listen & Watch the Full Episode:📺 YouTube → https://youtu.be/Ild36b0g0Nw🎧 Spotify🎧 Apple Podcasts → https://podcasts.apple.com/us/podcast/from-30-to-305-units-the-%2418m-deal-that-almost-failed/id1782550599?i=1000763457218🙌 Stay Connected#PathOfProgress #DanCostantino #AlexKononov #RealEstateInvesting #Multifamily#ApartmentInvesting #CapitalRaising #RealEstateMistakes #Entrepreneurship#PassiveIncome #RealEstateLessons #ScalingBusiness #PropertyInvesting#FinancialFreedom #RealEstateJourney #InvestorMindset #DealBreakdown#MultifamilyInvesting #Cashflow #WealthBuilding